Migos Drug Bust -- And Then There Was One ... Held Without Bail

breaking news

Migos' latest performance was in front of a judge Monday morning -- and while 2 members of the rap trio can now be sprung ... another will stay behind bars after their weekend drug bust.

Quavo, Takeoff, and Offset were in a Georgia courtroom for their bail hearing. The judge set Quavo and Takeoff's bond at $10,000 each ... although neither has posted the amount yet.

Offset is a convicted felon, and the judge denied his release due to his prior issues. 

TMZ broke the story ... cops yanked Migos off stage during their performance at Georgia Southern University Saturday night. All 3 were booked for felony drug possesion, felony possession of loaded guns, and misdemeanor marijuana possession.

Calls to the group's rep have not been returned.